Contract Addendum Template for Ireland

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Key Requirements PROMPT example:

Contract Addendum

"I need a Contract Addendum under Irish law to modify our existing software license agreement with TechCorp Solutions Ltd., extending the term by three years until March 1, 2025, and updating the annual maintenance fees to reflect a 5% increase."

Document background
The Contract Addendum is a essential legal instrument used in Irish business practice to modify existing contractual arrangements without the need to draft and negotiate an entirely new agreement. It is particularly useful when parties need to update specific terms, add new provisions, or clarify existing clauses while maintaining the core structure of the original contract. This document type is governed by Irish contract law and must meet specific legal requirements for validity, including proper execution by all parties and consideration for the modifications. Common scenarios for using a Contract Addendum include price adjustments, term extensions, scope changes, or updates to reflect new regulatory requirements. The document should clearly reference the original agreement and precisely detail the modifications being made.
Suggested Sections

1. Parties: Identification of all parties to the original agreement and addendum, including their registered addresses and company details

2. Background: Reference to the original agreement (including date and parties), reason for the addendum, and confirmation that parties wish to modify the original agreement

3. Definitions: Key terms used in the addendum, including reference to definitions in the original agreement

4. Original Agreement Reference: Specific identification of which clauses or sections of the original agreement are being modified

5. Modifications: Clear statement of the exact changes being made to the original agreement, including any new or revised language

6. Effect on Original Agreement: Confirmation that all other terms of the original agreement remain in full force and effect

7. Governing Law: Confirmation that the addendum is governed by Irish law, consistent with the original agreement

8. Execution: Signature blocks for all parties, including date and appropriate execution formalities

Optional Sections

1. Effective Date: Include when the modifications take effect on a different date than the execution date

2. Third Party Consents: Required when modifications need approval from parties not signing the addendum

3. Regulatory Compliance: Include when modifications trigger specific regulatory requirements or notifications

4. Integration Clause: Include when multiple addenda exist to clarify the relationship between different modifications

5. Costs and Expenses: Include when there are specific cost implications of the modifications that need to be addressed

6. Representations and Warranties: Include when modifications require new or updated representations from the parties

Suggested Schedules

1. Schedule of Amendments: Detailed table or list of specific clause-by-clause changes when modifications are extensive

2. Updated Commercial Terms: If the addendum modifies pricing, payment terms, or other commercial aspects

3. Consent Documents: Copies of third-party consents or regulatory approvals required for the modifications

4. Amended Exhibits: Any exhibits from the original agreement that are being updated or replaced

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Financial Services

Technology

Manufacturing

Real Estate

Healthcare

Retail

Professional Services

Construction

Energy

Telecommunications

Education

Transportation

Agriculture

Media and Entertainment

Relevant Teams

Legal

Commercial

Finance

Procurement

Operations

Business Development

Risk and Compliance

Sales

Account Management

Contract Administration

Relevant Roles

Legal Counsel

Contract Manager

Business Development Manager

Chief Financial Officer

Commercial Director

Procurement Manager

Chief Executive Officer

Operations Manager

Project Manager

Risk Manager

Compliance Officer

General Counsel

Sales Director

Account Manager

Finance Director

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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